Terminology

[marky]

Could someone please enlighten me re the acronyms used in describing the results of particular systems? S/R I can understand, but I get lost in the rest POT etc...

Any help would be greatly appreciated.

[La Mer]

Could someone please enlighten me re the acronyms used in describing the results of particular systems? S/R I can understand, but I get lost in the rest POT etc... Any help would be greatly appreciated.

POT = Profit on Turnover
ROI = Return on Investment

What others do you want to know?

[KennyVictor]

While we're on the subject is a ROI of 120% a return of $120 on $100 invested or $220. I'm sure I've been picked up on this before but can't remember which way it should be.

KV

[La Mer]

While we're on the subject is a ROI of 120% a return of $120 on $100 invested or $220. I'm sure I've been picked up on this before but can't remember which way it should be. KV

IMO, POT is the simpler to understand as it Profit On Turnover, e.g. Turnover = $1,000 with profit = $100 gives a POT of 10%.

OTOH, ROI can be defined in different ways, normally either as a return on investments or as a return on assets, therefore leading to different outcomes.

In racing terms it would mean the difference between investments (turnover) or bank (assets).

[Sportz]

LOT of POT = what you probably have to smoke to understand all of our ramblings on here.

[Shaun]

I have found that ROI is a yankee term while we use P.O.T or T.O.P basicly is the same thing depends how you look at it

[Sportz]

T.O.P??? Who uses that?

[Shaun]

Me when i am ****ed and trying to type a comment refering to it

[KennyVictor]

T.O.P??? Who uses that?I find if you use a couple of mirrors and a reversing dictionary it makes perfect sense to me.

Hey, Dr Ron where are you. It's 3.00 am in the morning and there's no-one here but me and some guest and he's just left.

KV

[DR RON]

KV, at the time you posted I was just getting out of bed, about to get ready for work which I start at 5.00 a.m The last thing I am thinking about at that time is turning the computer on.

[Mr. Logic]

LOT = Loss on Turnover
LOI = Loss on Investment

[marky]

Thanks everyone...

Was looking at LLWS and things as such but i have found them... thanks again...

[KennyVictor]

Hey Marky, write them all in here and we'll know where to find them.

ROO = Run of outs (or Australian Marsupial).

KV

[lomaca]

"LLWS"
What does it mean?
I think a list of these abbreviations, would be really appreciated by a lot of us.
Some of the posts are hard to follow, when one doesn't know the meaning of some abbrev.
I found a list relating to chatrooms etc. but nothing relating to racing.
Thanks

[syllabus23]

ROO-TED your broke